SharePoint

EA Exam Review Course Details

EA Exam Review Course: Part I
0 CPE Credits
Course Level: Intermediate
Prerequisite: Basic knowledge of federal taxation
Advance Preparation: None

This course is designed to help attendees prepare for and pass Part I: Individual Taxation Special Enrollment Examination (SEE). The content of this course is referenced to the Internal Revenue Code as amended through December 31, 2013, and is applicable for those taking the exam between May 1, 2014 and February 28, 2015.

Upon completion of this course, the learner will be able to:

  • Assess information from the prior year return to thoroughly report current year information.
  • Identify criteria that require an individual to file an income tax return to comply with federal law.
  • Determine if a person meets the definition of a qualifying child or a qualifying relative so the taxpayer can claim the person as a dependent.
  • Identify items of reportable income and expenses for individual taxpayers.
  • Calculate taxable income from retirement plan or IRA distributions to provide the taxpayer with maximum basis recovery.
  • Differentiate between a refundable credit and a nonrefundable credit to provide the taxpayer with the minimum tax due.
  • Categorize the sale or disposition of assets to properly classify and report gain or loss.
  • Explain the tax consequences of gifting either cash or property.
  • Identify the primary filing obligations in regard to a deceased taxpayer.

EA Exam Review Course: Part II
0 CPE Credits
Course Level: Intermediate
Prerequisite: Basic knowledge of federal business taxation
Advance Preparation: None

This course is designed to help attendees prepare for and pass Part II: Business Income Tax Returns, Estate and Trust Income Tax Returns, Retirement Plans and Exempt Organizations of the Special Enrollment Examination (SEE). The information in this course is referenced to the Internal Revenue Code as amended through December 31, 2013, and is applicable for those taking the exam between May 1, 2014, and February 28, 2015.

Upon completion of this course, the learner will be able to:

  • Differentiate between different types of business structures to assist taxpayers in choosing a business entity.
  • Categorize business income and business expenses for proper reporting.
  • Calculate asset depreciation to account for wear and tear on assets.
  • Distinguish items that affect basis in the entity from items that do not affect basis so that business losses are properly allowed.
  • Explain how tax requirements and limitations affect business tax planning.
  • Analyze business records to adhere to recommended recordkeeping procedures.
  • Analyze trust documents to determine appropriate filing procedures.
  • Describe provisions unique to farmers and other specialized taxpayers.

EA Exam Review Course: Part III
0 CPE Credits
Course Level: Intermediate
Prerequisite: Basic knowledge of federal taxation
Advance Preparation: None

This course is designed to help attendees prepare for and pass Part III: Representation, Practices and Procedures of the Special Enrollment Examination (SEE). The information in this course is referenced to the Internal Revenue Code as amended through December 31, 2013, and is applicable for those taking the exam between May 1, 2014, and February 28, 2015.

Upon completion of this course, the learner will be able to:

  • Summarize what constitutes practice before the IRS.
  • Identify who is authorized to practice before the IRS.
  • Distinguish what constitutes a sanctionable act as related to duties and restrictions on practice before the IRS.
  • Identify supporting documentation and legal authority that can strengthen a taxpayer’s position.
  • Identify types of taxpayer tax information available in transcripts from the IRS.
  • Explain to a taxpayer the various tools available in countering the IRS collection process.
  • Apply safeguards to comply with recordkeeping and records maintenance requirements while at the same time maintaining taxpayer confidentiality.

NATP Login

Email or Member ID:

Password:

PO Box 8002, Appleton, WI 54912-8002 Phone: 800.558.3402 Fax: 800.747.0001

eweb keepalive image